Oct 26, 2012 Money Wise




Compass » Money Wise show

Summary: National Mincemeat Day  – Today on MoneyWise, Howard Dayton and Steve Moore discuss the importance of following God's principles so we don't make mincemeat of our personal finances. Then they turn to questions from listeners (800-525-7000 or moneywise@compass1.org): "I'm trying to decide if I should go back to school to get my Bachelor's degree. I don't want to get caught up in a ton of student loan debt. Can you give me some advice?" "I'm retiring soon and I have about 70K in my TSP account. I must withdrawal all of it because of an earlier withdrawal. How do I do this to avoid the huge federal tax?" "Does it matter if I wait until closer to the payment date of my credit card bill as long as it is not late?" "When it comes to life insurance, what is the difference between term, whole and universal, and what are the benefits to each type?" "I'm a salesman and have irregular income. Is there a way to budget when I do not know what my income will me on a monthly basis?" "What is the difference between a bank and a credit union, and do you recommend one over the other?" "Can I write off the gas I use on my way to and from work?" Thanks for your prayers and generous financial support which allow us to keep MoneyWise on the air!